A Year After Rebranding, Noor Capital UK Reports £1.5M Turnover for 2025 ⋅ Crypto World Echo
Noor Capital UK Limited, formerly known as House of BorseLimited, has released its financial results for the year ending 31 March 2025.The report includes figures for the prior reporting period from 1 August 2023to 31 March 2024.
Noor Capital UK, regulated by the Financial ConductAuthority in the United Kingdom, wasacquired in March 2023 by UAE-based Noor Capital. The firm now offerstrading services in forex and contracts for differences (CFDs).
Client Activity Drives Revenue Growth
The company reported an annual turnover of £1.51 million.This was up from £1.11 million in the previous period. However, gross profitrose only slightly to £801,283, compared to £674,951 earlier. The cost of salesincreased to £710,446, reducing the overall margin.
“The company’s performance in 2025 reflects a clearstrategic improvement, building on internal restructuring and operationalenhancements. Turnover increased by 36%, driven by higher income from clienttrading activity. This growth indicates rising client engagement and anexpanding market share,” the company stated intheir filing.
Revenue Growth Offset by Higher Expenses
Operating profit for the period was £303,960. This marked adecline from £333,191 in the prior reporting period. Administrative expensesrose to £497,323, up from £341,760. The increase in expenses contributed to thedrop in operating profit.
Profit before tax stood at £309,056. This was down from£340,145. After a tax charge of £76,826, the company reported a net profit of£232,230. In the previous period, net profit had reached £257,320.
There were no other items recorded in the statement ofcomprehensive income. As a result, total comprehensive income was equal to netprofit for both reporting periods. The results show that while Noor Capital UKachieved higher revenue, profitability was impacted by increased costs.
This article was written by Tareq Sikder at www.financemagnates.com.
